Critical Care Policy

This is an indemnity policy that covers multiple illnesses; including cancer, heart, stroke and many other illnesses that will be identified in the policy (the list of illnesses covered depends on the insurance company). It is an indemnity policy which simply means that it gives the insured a cash lump sum to be used in anyway he, or his designated beneficiary, want. The insured has to meet certain diagnosis definitions and terms as identified in the policy. The policy is more expensive than the policies that cover one illness like cancer, however, they cover a wider range of illnesses.